5,968 Shares in NiCE $NICE Bought by Miller Global Investments LLC

Miller Global Investments LLC purchased a new stake in NiCE (NASDAQ:NICE) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,968 shares of the technology company’s stock, valued at approximately $542,000.

Other hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in shares of NiCE by 50.4% during the first quarter. Parallel Advisors LLC now owns 2,092 shares of the technology company’s stock worth $231,000 after purchasing an additional 701 shares in the last quarter. Summitry LLC grew its stake in shares of NiCE by 5.6% in the first quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock valued at $450,000 after buying an additional 215 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of NiCE in the first quarter valued at about $44,000. Bank of America Corp DE raised its holdings in shares of NiCE by 27.8% during the 1st quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock valued at $19,174,000 after buying an additional 37,865 shares during the period. Finally, Altshuler Shaham Ltd lifted its position in NiCE by 104.4% during the 1st quarter. Altshuler Shaham Ltd now owns 22,556 shares of the technology company’s stock worth $2,472,000 after acquiring an additional 11,521 shares in the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on NICE. Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 price target on shares of NiCE in a report on Wednesday, June 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 target price on shares of NiCE in a research report on Wednesday, June 10th. Citizens Jmp decreased their target price on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Morgan Stanley lowered their price target on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research note on Wednesday, June 24th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NiCE presently has an average rating of “Moderate Buy” and a consensus price target of $131.17.

NiCE Stock Up 1.9%

Shares of NICE opened at $100.65 on Tuesday. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 1.02 and a beta of 0.74. The business’s 50 day moving average is $93.73 and its two-hundred day moving average is $103.29. NiCE has a 52-week low of $83.10 and a 52-week high of $156.37.

NiCE (NASDAQ:NICE) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.87 earnings per share. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. On average, equities analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE Profile

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.